2026 Consolidated Operating Budget

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As the city filed it

Toronto Atmospheric Fund's 2026 Operating Budget is presented for Board consideration and approval. This is a balanced and self-financed budget, with zero impact on the City's budget. Revenue is based on a projected annual return on the marketable securities portfolio which the Investment Committee considers appropriate; the expected returns on the current book of direct investments; an estimate of return on new direct investments advanced during the course of the year; and committed external funding.

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Expenditures are based on the projected revenues including investment proceeds and external funding, with attention to the minimum grant and maximum administrative expense requirements and compliance with the Payout Ratio established to protect the endowments. The 2026 Annual Plan that details the objectives and activities for advancing climate solutions for the Greater Toronto and Hamilton Area (GTHA) will be crafted in keeping with the approved 2026 Operating Budget and presented to the Board at the first meeting of 2026.

Staff recommended

The Director, Finance recommends that the Board of Directors of the Toronto Atmospheric Fund: 1. Approve the 2026 Consolidated Operating Budget as presented in Attachment 1.

2026 Consolidated Operating Budget

The decision

As filed

On the agenda

As the city filed it

Staff recommended

On the record

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